No Investments With the market throwing up an excess liquidity of more than Rs. 120 billion day, day in day out, and signs being that investments have not picked up, are all favourable indicators for the prevalence of a low interest regime in the economy, a market source told this reporter. The market has no ...
- Debutant duo delights (Category: Business)
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Excess Liquidity, Small Forex Market Excess liquidity coupled with low volumes of foreign exchange traded have been continuing to bug markets here, which a source attributed as being are reflection of the low levels of economic activity taking place in the country. Despite a spike last Friday, the foreign exchange (forex) market has been averaging ...
- Liquidity, Reserves, Grant Space (Category: Breaking News)
- Money Market’s Illiquid Status Deepens (Category: Breaking News)
- ER Holds At Rs. 130 (Category: Breaking News)
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President Rajapaksa as Minister of Finance presented the first budget in his second term as the Executive President, making proposals giving a major impetus to value addition of local industrial products, to improve export earnings while granting a wide range of concessions, increasing outsourcing facilities in Sri Lanka for foreign business enterprises. Thus the President, ...
- Sri Lanka’ Dipped Products net up on forex gains (Category: Breaking News)
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Sri Lanka`s private sector trade union arm, Inter Company Employees` Union (ICEU) held protests toda..
Nov 15, Colombo: Sri Lanka's private sector trade union arm, Inter Company Employees' Union (ICEU) held protests today outside several private institutions against the proposed amendments to the Employees Provident Fund (EPF) and Employees' Trust Fund (ETF) Act.
- 'This is just a really amazing day': OneWorld Health staff receive first vaccinations (Category: USA, Nebraska)
- 'This is just a really amazing day': OneWorld Health staff receive first vaccinations (Category: USA, Nebraska)
- 'This is just a really amazing day': OneWorld Health staff receive first vaccinations (Category: USA, Nebraska)
- On the Move: Leesa Kim and Kurt Murata (Category: USA, Hawaii)
The Inter Company Employees Union affiliated to the JVP is planning an island wide protest against t..
By Chamitha Kuruppu Reputed Economist and UNP Member of Parliament Dr. Harsha de Silva, while talking about the crony capitalism in the country, warns that the situation is only going to get worse within the new set up, where economic...
- The Cordial Relationships We want Between the Tamil and Sinhalese People have not been Built (Category: Breaking News)
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- Once the Parliament approves IMF agreement, the main points will be passed into law – Sri Lanka ... (Category: Breaking News)
Oct 23, Colombo: Sri Lanka government is to launch a new identification system from November 01 for the members of its popular retirement plan, Employees' Provident Fund (EPF).
Sept 30, Colombo: The members of Sri Lanka's largest social security scheme, Employees' Provident Fund will soon be able to withdraw 30% of their account for housing and medical requirements.
by Dr.A.C.Visvalingam President -CIMOGG One hundred and sixty-one Members of Parliament, in their understandable admiration of President Rajapaksa’s leadership in eliminating the LTTE, appear to have taken up the position, by voting for the 18th Amendment ("18A"), that he can...
- Sarath fires first salvo against plan to give police, land powers to provinces (Category: Breaking News)
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- The US condemned Sri Lanka’s passage of a constitutional amendment !! (Category: Breaking News)
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(Lanka-e-News, Sep.11, 2010, 11.05 PM) According to Central Bank statistics, during the year 2009-2010, the EPF payments to its members have dropped by...
Aug 18, Colombo: Sri Lanka Central Bank (CBSL) today dismissed an opposition party claim that the Employee's Provident Fund (EPF) does not have the authority to invest in banking and financial sector stocks listed on the Colombo Stock Exchange.
by Namini Wijedasa A powerful international federation of trade unions has in a petition to be considered by the US government delivered a scathing account of labour practices in Sri Lanka, alleging that worker rights in the country have deteriorated in recent years. The American Federation of Labour and Congress of Industrial Organisations (AFL-CIO) filed the petition before th...
- TUs Complain To ILO (Category: Breaking News)
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Members of the Employees Provident Fund are afforded facilities of securing information on their balance through Short Message Services. This service is given with the support of Sri Lanka Mobitel. The related agreement was inked at the Labour Ministry. Mobitel Executive Director Suren J. Amarasekera and Commissioner General for Labour Upali Wijeweera signed the agreement. [...]
Mar 19, Colombo: Sri Lanka's government managed Employees Provident Fund (EPF) for private sector employees had bought a 10 percent stake in Lighthouse Hotel.
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